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Avalon Technologies Limited IPO Subscription Status

📅Offer Date: 03 Apr 2023 – 06 Apr 2023

Minimum investment
₹14,82434 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total2.21x
QIB3.57x
NII0.41x
Retail0.84x

Avalon Technologies Limited IPO was subscribed 2.21x in total when bidding closed on 06 Apr 2023, with 3.57x in the QIB category, 0.41x in NII, 0.84x in retail. The issue ran from 03 Apr 2023 to 06 Apr 2023 at a price band of ₹415.00–₹436.00 per share.

QIB3.57xNII0.41xRetail0.84xTotal2.21x1×

Times subscribed by category against the 1× line.

1
≈ 1 in 1 retail allotment
high allotment chance

Based on retail subscription (0.84x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs59,15,0112,11,16,5893.57x
NIIs29,75,91712,20,1260.41x
SNIIs (<10L)9,91,9723,86,8690.39x
BNIIs (>10L)19,83,9458,33,2570.42x
Retail19,83,94416,66,5130.84x
Total1,08,44,1862,39,65,6512.21x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs257.89920.683.57x
NIIs129.7553.200.41x
Retail86.5072.660.84x
Total474.141046.542.21x

Values derived from share count × issue price (₹436.00)

What this means for allotment & listing

Because Avalon Technologies Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Avalon Technologies Limited IPO subscription FAQs